Tag Archive for ‘FOMC’

FOMC September Policy Meeting – The Fed Goes All In

The statement released following the two day meeting of the Federal Open Market Committee (FOMC), the Federal Reserve’s main monetary policy setting body, coupled with Ben Bernanke’s post-meeting press conference unveiled the much anticipated third round of quantitative easing, or QE3. As expected, the FOMC also extended the forward guidance, announcing that the Fed funds target rate would remain at… Read More ›

Federal Open Market Committee Meeting Statement – Reading the Tea Leaves

Today’s statement following the July 31-August 1 meeting of the Federal Open Market Committee (FOMC) offered a couple of hints, but nothing definitive on the big question of further monetary policy easing. The language in today’s statement downgraded current economic growth compared to the statement following the June meeting, replacing “the economy has been expanding moderately this year” with “economic… Read More ›

Federal Open Market Committee January Meeting Statement – Enjoying the View

The communication following the Federal Open Market Committee (FOMC) two day meeting January 24-25 comes in three parts. The standard statement is joined by the release of tables and charts summarizing the economic projections and the target federal funds rate projections of the meeting participants, as well as an additional statement explaining the Fed’s principles regarding longer-term goals and policy… Read More ›

Federal Open Market Committee Minutes: A Glimpse Behind the Curtain

Last week the Federal Reserve Board released the minutes from the December 13 Federal Open Market Committee (FOMC) meeting. The minutes provide much more detail on the deliberations of the committee than the brief statement which is released immediately following the meeting. The review of US economic conditions between the November and December meetings identifies an economy that is expanding… Read More ›